INVESTMENT OPPORTUNITY BOEGOEBAAI DEEPWATER PORT : Northern Cape INVESTMENT OPPORTUNITY NAMAKWA SPECIAL ECONOMIC ZONE

National Cabinet has approved the designation of the Namakwa SEZ in Aggeneys in the Northern Cape. The proposed designation is done in terms of the Special Economic Zones Act, 2014 (Act 16 of 2014) and the proposed SEZ is part of the Presidential Investment Drive.

• The Namakwa SEZ will unlock mining beneficiation, production of green hydrogen, infrastructure development, renewable energy and agro-procession.

• More than R29-billion in investments has already been committed for phase one of the SEZ. These include commitments from Vedanta Zinc (R16-billion), Frontier Rare Earth (R13-billion), Hive Energy (R200-million) and RRS Trade and Investment (R100-million).

Mission

Create an industrial hub for the West Coast and a catalyst for industrialising the western SADC area.

Project Location

Aggeneys is 66km from Pofadder and 110km from Springbok.

Economic Impact

• Operations will add R1.1-billion to state tax revenue annuall

• Opex will add R5.8-billion to national GDP annually

• Capex will add R6.7-billion in one-off value to GDP

• Capex will add R1.6-billion in one-off value to tax revenue

Value Proposition

The value proposition of the Namakwa SEZ is based on the existence of the Gamsberg Zinc Mine and the proposed building of a smelter by Vedanta Zinc International. These would be the anchor tenants of the

SEZ. It is proposed that a smelter be built to treat zinc concentrate produced at Gamsberg. The zinc concentrate produced at the existing concentrator plant will be treated in the smelter using the conventional roast-leach-electrowinning (R-L-E) process.

Targeted Sectors

• Mining

Zinc, granite, copper, rare earths, rare quartz, slate

• Mineral processing

Zinc processing plant, zinc smelter, copper processing plant

• Petro-chemical

Sulphuric acid, fertiliser, paint, hydrogen production, explosives

• Manufacturing

Super alloys, batteries, galvanising steel

• Transport

Mining and agricultural, regional and depots

• Engineering and suppliers

Renewable energy, transport, construction

• Pharmaceuticals

Zinc, food additives

• Localisation and supplier development

Incubator, skills development

EXTENT

540.26 hectares

Jobs

During construction, 9 500 jobs will be created with about 3 250 permanent jobs once the zone is fully operational.